Edgestream Partners L.P. Has $992,000 Stock Position in EMCOR Group, Inc. $EME

Edgestream Partners L.P. lowered its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 89.0% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,344 shares of the construction company’s stock after selling 10,909 shares during the period. Edgestream Partners L.P.’s holdings in EMCOR Group were worth $992,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Swiss RE Ltd. bought a new position in EMCOR Group during the 4th quarter worth $25,000. Ascentis Independent Advisors acquired a new position in EMCOR Group during the 1st quarter worth about $27,000. Zions Bancorporation National Association UT bought a new stake in shares of EMCOR Group in the 4th quarter valued at about $28,000. Activest Wealth Management lifted its holdings in EMCOR Group by 800.0% in the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after buying an additional 48 shares during the period. Finally, Richardson Financial Services Inc. boosted its position in EMCOR Group by 71.9% during the fourth quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock valued at $34,000 after acquiring an additional 23 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling

In other EMCOR Group news, Director William P. Reid sold 2,000 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $925.78, for a total value of $1,851,560.00. Following the transaction, the director owned 10,149 shares in the company, valued at approximately $9,395,741.22. This represents a 16.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Carol P. Lowe sold 950 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the completion of the sale, the director directly owned 17,278 shares of the company’s stock, valued at $14,591,271. This trade represents a 5.21% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.73% of the stock is currently owned by corporate insiders.

EMCOR Group Trading Up 0.4%

NYSE:EME opened at $820.80 on Wednesday. EMCOR Group, Inc. has a 12 month low of $564.92 and a 12 month high of $951.96. The stock has a market capitalization of $36.21 billion, a price-to-earnings ratio of 25.53 and a beta of 1.14. The firm has a fifty day simple moving average of $799.73 and a two-hundred day simple moving average of $790.86.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, beating the consensus estimate of $7.23 by $1.83. The firm had revenue of $5.15 billion for the quarter, compared to analyst estimates of $4.71 billion. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The business’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Equities analysts predict that EMCOR Group, Inc. will post 33.05 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 15th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, July 15th. EMCOR Group’s dividend payout ratio is 4.98%.

Analyst Ratings Changes

A number of brokerages have weighed in on EME. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a report on Thursday, April 30th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Friday, July 17th. UBS Group upped their target price on EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a research report on Friday. Oppenheimer raised their target price on EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a report on Tuesday, June 16th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, EMCOR Group presently has a consensus rating of “Moderate Buy” and an average target price of $898.75.

EMCOR Group Company Profile

EMCOR Group, Inc is a provider of mechanical and electrical construction, industrial and energy infrastructure, and facilities services to commercial, institutional and industrial clients. The company delivers a broad range of services that include design-build and traditional construction of mechanical, electrical and plumbing systems; ongoing facilities maintenance and operations; and specialized industrial services for sectors such as manufacturing, data centers, healthcare and utilities.

EMCOR’s service offerings encompass HVAC, plumbing, electrical installation and maintenance, fire protection, building automation and controls, commissioning, testing and balancing, and energy management solutions.